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CAD Scores High Gains as Oil Prices Rise

The Canadian Dollar (CAD) rose on Tuesday against major currencies on Tuesday, supported by the rise of crude oil prices to their highest level in a bout to a year.

Today, the CAD topped the G10 currencies performance against the U.S. Dollar (USD).

The CAD is up against its U.S. counterpart by about 0.32%, with the USD/CAD pair trading at 1.2810.

The pair has been moving today in a range between 1.2782 and 1.2870, after closing Monday at 1.2851.

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